Elgawly

kadambe

Daijiro Okada

Hohmann

JACK SKYDEL

goldband

01:220:102 Lecture Notes - Lecture 1: Profit Motive, Opportunity Cost, The Incentive

Economics - comes from the greek word "okionomia", which roughly translates to "household management" Economics is a social science, which is analyzes 

01:220:102 Lecture Notes - Lecture 1: Meatloaf, Opportunity Cost

What is economics: all economic questions arise because we want more than we have, because we face scarcity we must make choices, the study of decision

01:220:102 Lecture Notes - Lecture 2: Capital Good, Fallacy, Opportunity Cost

Economics - is derived from a greek word "okionomia", which means "household management" or "management of house affairs . Definition of economics - ec

01:220:102 Lecture Notes - Lecture 2: Opportunity Cost, Demand Curve

Econ 102 lecture 2 - models and tradeoffs. Simplified representation of a real situation that is used to better understand real-life situations. Steps:

01:220:102 Lecture Notes - Lecture 3: Comparative Advantage, Absolute Advantage, Rent Regulation

01:220:102 Lecture Notes - Lecture 3: Human Capital, Absolute Advantage, Comparative Advantage

Econ 102 lecture 3 - models and tradeoffs cont. What causes economic growth: an increase in factors of production - resources used to create goods or s

01:220:102 Lecture Notes - Lecture 5: Economic Surplus, Demand Curve

01:220:102 Lecture 5: Chapter 5

01:220:102 Lecture Notes - Lecture 6: Inferior Good, Economic Equilibrium, Normal Good

The price we worked with in chapter 2 is a relative. In 2011, 200,000 gas grills were demanded at a price of  per grill. In 2012, 250,000 gas grills we

01:220:102 Lecture 6: Chapter 6 Elasticity pg 6

01:220:102 Lecture 6: Chapter 6 Elasticity pg 7

01:220:102 Lecture 6: Chapter 6 Elasticity pg 8

01:220:102 Lecture 7: 01 220 102- Lecture 7- Quotas and Price Elasticity of Demand

01:220:102 Lecture Notes - Lecture 9: Demand Curve, Microsoft Powerpoint, Bmw 3 Series

01:220:102 Lecture Notes - Lecture 9: Demand Curve

01:220:102 Lecture Notes - Lecture 10: Income Tax, Progressive Tax, Microsoft Powerpoint

01:220:102 Lecture Notes - Lecture 11: Whiskey Rebellion, Tax Wedge, Deadweight Loss

Why taxes matter: washington"s 1791 tax on whiskey distillers led to the whiskey rebellion of. 1794, the decline of small distillers, and local economi

01:220:102 Lecture Notes - Lecture 12: Economic Surplus, Deadweight Loss

Excise tax imposed on hotel owners (slide 6) How not to tax: a pleasure boat seems like a good thing to tax . When an excise tax is paid mainly by cons

01:220:102 Lecture Notes - Lecture 12: Marginal Utility, Sunk Costs, Marginal Cost

Our decisions depends on comparing costs to benefits. The quality of our decisions depends on how well we understand what the cost and benefits of the 

01:220:102 Lecture 13: Chapter 6 Notes (continued)

01:220:102 Lecture Notes - Lecture 13: Giffen Good, Inferior Good, Demand Curve

Utility : value or satisfaction from consumption. Consumption bundle: collection of all the goods or services one consumes. Utility function: total uti

01:220:102 Lecture Notes - Lecture 14: Average Variable Cost, Average Cost, Marginal Product

The cost structure of a firm depends on the nature of the production process. Production function: relationship between the quantity of inputs a firm u

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Introduction to Microeconomics

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